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Bill Gross's 'Short Of A Lifetime' Would Mean Armageddon: Video Presentation

TedTed
in Fund Discussions
FYI: The trade that George Soros and Stanley Druckenmiller pulled off in 1992 by betting against the British pound -- and making $1 billion in the process -- has gained legendary status. So when Bill Gross, the world's best-known bond investor, tweeted yesterday from his current employer Janus Capital that betting against German government debt is the trade of a "lifetime," he reached for that bit of history to benchmark the current opportunity.
Regards,
Ted
http://finance.yahoo.com/news/bill-grosss-short-lifetime-mean-120622905.html

Comments

  • clacy
    If what he says is correct, then this will probably end badly. This is a new frontier for the Fed and central banks, that's for sure. We're in uncharted territory with negative rates and so forth. I'd be surprised if it doesn't create some unintended or unforeseen consequences.

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